Resource Library

The Financial Conduct Authority (FCA) plans to take another important step in its work to combat illegal and non-compliant financial promotions.

Members who are regulated by the Financial Conduct Authority (FCA) are invited to complete a short feedback survey which seeks to collect anonymous feedback on the financial questions (cash balances, liquidity, capital) within the Covid-19 Impact Survey.

Tony Doidge, trainer and FCA Compliance Consultant, who runs Compliant Selling courses for the BVRLA explains that its best to get into good compliance habits sooner rather than later.

Following the Financial Conduct Authority motor finance review, brokers are reminded about the importance of commission disclosure and are advised to take time to understand what disclosures are needed and when disclosures should be made.

The Financial Conduct Authority has published a 7-minute video sharing advice and tips from senior figures across the banking sector who have been operating under the Senior Managers and Certification Regime (SM&CR) since 2016.

Following the Competition and Markets Authority investigation into price comparison websites in the hotel industry the BVRLA has been reviewing the undertakings made by these organisations to see if any information is transferable to BVRLA members.